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CNN
Oct 13, 2012 10:00am PDT
and defense. his plan doesn't address the rising cost of medicare, medicaid and social security. over the next ten years deficits would rise by $6.4 trillion. it's a good first step but budget experts say that's too high. mitt romney meanwhile has foc focused on the cuts. his economic plan, his plan avoids cutting from defense. mitt romney says he would pursue a balanced budge eight amendment that would require the government to spend only as much as it takes in. he said he would balance the budget by 2020, the end of his second term. mitt romney's issue is taxes. it calls to are a 250% cut to tax rates across the board. he said he would balance that out by closing loopholes and he would protect middle class families. they found it would be mathematically to lower rates without taking in more money from low and middle-income families. overall, the committee estimates mitt romney's plan would leave debt at 85% of gdp by the end of the decade. we've been telling you about the fiscal cliff, a combination of items that will take effect next year. but they won need to worry as much about the defici
Search Results 0 to 1 of about 2 (some duplicates have been removed)